2014 Nevada Revised Statutes
Chapter 81 - Miscellaneous Organizations
NRS 81.640 - Minimum distributions required.

NV Rev Stat § 81.640 (2014) What's This?

Unless otherwise provided in the governing instrument, in the administration of any private foundation, there must be distributed for the purposes specified in the governing instrument, for each taxable year, amounts at least sufficient to avoid liability for the tax imposed by Section 4942(a).

(Added to NRS by 1971, 632; A 1991, 1255)

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